The Effect of Corruption and Human Development on Foreign Direct Investment in ASEAN-4

Authors

  • Amelia Febrianti State University of Jakarta Author
  • Saparuddin Mukhtar State University of Jakarta Author
  • Dicky Iranto State University of Jakarta Author

DOI:

https://doi.org/10.59890/gkk1sd23

Keywords:

Corruption, Human Development, FDI

Abstract

This study aims to determine the influence of corruption and human development on foreign direct investment in ASEAN-4. The data used are the corruption perception index, human development index, and foreign investment inflows from 2010-2022 obtained from UNCTAD, Transparency International, and UNDP. The data were analyzed using multiple regression of panel data with a Fixed Effect Model. The results of the study show that simultaneously corruption and human development have an effect on FDI. However, partially corruption does not have a significant influence on FDI. On the contrary, human development has a positive and significant influence on FDI.

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Published

2024-08-01

Issue

Vol. 2 No. 4 (2024): July 2024

Section

Articles

License

Copyright (c) 2024 Amelia Febrianti, Saparuddin Mukhtar, Dicky Iranto (Author)

Creative Commons License

This work is licensed under a Creative Commons Attribution 4.0 International License.

How to Cite

The Effect of Corruption and Human Development on Foreign Direct Investment in ASEAN-4. (2024). International Journal of Finance and Business Management (IJFBM), 2(4), 273-288. https://doi.org/10.59890/gkk1sd23